KCA Deutag/Dalma Energy merger

5/3/2018

Merger

Status:

Announced

Date:

5/3/2018

Overview:

KCA Deutag and Dalma Energy have undergone merger procedures.
The acquisition will consist of $100 million of cash and shares to be issued to Dalma's shareholders valued at $220 million.
The newly formed company will operate 100 rigs across Africa, Europe, Russia, the Middle East, the Caspian Sea, Southeast Asia and the Americas.

Katrin Kostadinova - Data analyst

Jurisdictions:

United Kingdom
Oman

Deal type:

Merger

Practice area:

M&A

Governing laws:

England and Wales
Oman

Industry sector:

Oil and gas

Firms:

Allen & Overy

Party: KCA Deutag (Merger party)

Lawyers: David Broadley, James Graham, Kevin Muzilla

King & Spalding

Party: Dalma Energy (Merger party)

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